In the past, REO’s want to be rid of it, off of their books completely.
They generally don’t try and steal you away with any financing like the incentives that a new builder tempts people with. They want to wash their hands of it.
Last week there were two days of opportunity for 30 YR fixed at 5.50%, lowest rates in years. It was back to 6% today, huge swing!
Landlord has no reason not to take whatever you offer him (Like 50% rent) if you bail early, nobody else is going to rent from him for 2 or 3 months.
I have never heard of escrow/impound account paying HOA fees.
